The excellent bilateral relations between Greece and the United Arab Emirates (UAE) were discussed on Monday between Greek Tourism Minister Vassilis Kikilias and UAE Ambassador Sulaiman Hamed Salem Almazroui. During a meeting at the Tourism Ministry in Athens, Kikilias and the UAE Ambassador agreed to deepen the tourism cooperation between the two countries. Referring to
Photo source: HRADF A tender for the exploitation of the former US military base of Gournes in Hersonissos, Crete has attracted four bidders, the Hellenic Republic Asset Development Fund (HRADF) announced on Friday. More specifically, Club Hotel Casino Loutraki (Comer Group, UK) – Lyktos Holding SA, Dimand SA (real estate development, Greece), Reds (real estate […]
Greek company GEK TERNA stands alone as the preferred bidder for the development and management of the country’s first integrated resort and casino, a 1.1-billion-euro investment at Ellinikon expected to increase tourism to Attica, boost state coffers by at least 10 percent and create thousands of jobs. Listed company GEK TERNA steps in as the sole
Kalamata Airport. Photo Source: Hellenic Civil Aviation Authority (HCAA) The tender for the selection of a preferred consortium of consultants for the development of Kalamata Airport in Greece has been completed, the Hellenic Corporation of Assets and Participations (HCAP) announced on Wednesday. According to Greece’s assets body, the consortium of Deloitte Business
Investments and exports are expected to boost the Greek economy as Greece and the US enter a renewed period of cooperation, said American-Hellenic Chamber of Commerce (AmCham) President Nikolaos Bakatselos. In an interview to the Athens News Agency, Bakatselos said that according to assessments, “Greece needs 100 billion euros in investments over the next few […]
Elivi Hotels received the green light from Greek authorities to proceed with a 52-million-euro strategic tourism investment on the island of Skiathos. The company said on Thursday that the decision by Greece’s Interministerial Committee on Strategic Investments (DESE) under Development & Investments Minister Adonis Georgiadis was a vote of confidence in tourism. Under
Photo source: diaNEOsis Greece stands to gain 2.8 billion euros in the next decade if it taps into the potential of its marinas, revealed a study presented this week by research and policy institute diaNEOsis. The data echoes the findings of a Greek Marinas Association study released earlier this year. More specifically, the development of some […]
A bird’s-eye view of the Marina Tower to be constructed at The Ellinikon. Plans for Greece’s first ‘green’ skyscraper to go up along the Athenian Riviera as part of the country’s largest urban redevelopment project – The Ellinikon (formerly known as Hellinikon) – were presented this week by Lamda Development, the investing company. Lamda CEO […]
A total of 9,000 homes with going rates as high as 25,000 euros/m2 will be constructed at Hellinikon along the Athenian Riviera, the largest private investment in Greece, the head of the company undertaking the project said this week. Speaking to SKAI television, Lamda Development CEO Odisseas Athanasiou referred to the real estate value of […]
Photo source: ETAD The concessionaire operating the Gouvia Marina on Corfu was recently granted a 15-year extension of its lease deal by Greece’s Public Properties Company (ETAD). ETAD CEO Stefanos Vlastos signed the renewed agreement with Ioannis Koutsodontis, who represents Marina Gouvion, a subsidiary of D Marinas Hellas (a private equity firm CVC Capital


















